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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Elroy Jetson who wrote (104773)9/2/2009 7:34:02 PM
From: Skywatcher  Read Replies (2) of 110194
 
banks are NOT lending on the same terms...
they are pulling back in every category and hurting those with credit and homes.
They are pulling back by not allowing people to shift credit balances without massive upfront payments of 4% while the actual
interest rate remains almost at Zero
They are pulling back on equity lines for NO reason and without cause for those with substantial equity in their homes and good credit....
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